Using RFID for the management of pharmaceutical inventory - system optimization and shrinkage control

被引：48
作者：
Cakici, Ozden Engin [1 ,3 ]
Groenevelt, Harry [1 ,2 ]
Seidmann, Abraham [1 ,3 ]
机构：
[1] Univ Rochester, William E Simon Grad Sch Business, Rochester, NY 14627 USA
[2] Univ Rochester, Simon Sch Business, Rochester, NY USA
[3] Univ Rochester, William E Simon Grad Sch Business Adm, Rochester, NY 14627 USA
来源：
DECISION SUPPORT SYSTEMS | 2011年 / 51卷 / 04期
关键词：
RFID and Barcode; Radiology pharmaceuticals; Inventory; Periodic and continuous review; Manual and automatic counting; Shrinkage; Real-time visibility;
D O I：
10.1016/j.dss.2011.02.003
中图分类号：
TP18 [人工智能理论];
学科分类号：
081104 ; 0812 ; 0835 ; 1405 ;
摘要：
Motivated by a case study at a radiology practice, we analyze the incremental benefits of RFID technology over barcodes for managing pharmaceutical inventories. Unlike barcode technology, RFID enables accurate real-time visibility, which in turn enables several process improvements. We analyze the impact of automatic counting and discuss the system redesign critical to optimizing the inventory policy and eliminating shrinkage. We show that continuous review is superior to periodic review whenever accurate real-time information is available at no additional cost. We explain how RFID-enabled strategies vary with inventory parameters and provide a cost-benefit analysis for the implementation of RFID for the radiology practice. (C) 2011 Elsevier B.V. All rights reserved.
引用
收藏
页码：842 / 852
页数：11
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